Use parentheses for multiplication.
Growing
Decaying
common ratio
initial value
end value
slope
Exponential Growth
Exponential Decay
30%
70%
130%
intitial value
years
The function models exponential growth.
200 represents the amount of money Jordan put in his savings account in the beginning.
The rate of decay is 2 percent.
Jo ordan has $208.08 after the first month of his savings account.
At the end of 4 months, Jordan will have more than $220 in savings.